Truck Rental in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Truck Rental in Canada Market Research Report | NAICS 53212CA | Nov 2015

Stuck in traffic: Revenue will temporarily decline due to persisting concerns of a housing bubble

IBISWorld’s Truck Rental market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Although demand for truck rentals and leases waxed and waned, the industry received an overall net increase in demand over the five years to 2015. Increasing emissions and fuel-efficiency regulations are anticipated to drive demand from the commercial market moving forward. Regulation aimed at lowering emissions from long-haul tractor-trailers and large pickup trucks will require downstream customers to either purchase or lease new vehicles. IBISWorld expects that the majority of companies to lease trucks from industry operators as downstream fleet operators seek more predictability and flexibility in their cost structures... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Truck Rental industry is in the mature stage of its life cycle. During the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to the overall economy, is expected to grow at an average annual rate of 1.6%. In comparison, GDP is anticipated to grow 2.2% per year on average over the same period. The industry is expected to grow slightly slower than the overall economy, with performance highly dependent on the downstream trucking transportation sector. This sector transports the bulk of domestic goods and exports to the United States, as US economic conditions improve so does the domestic trucking sector... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Truck Rental Industry?

This industry primarily rents or leases trucks, truck tractors, utility trailers, semitrailers, recreational vehicles (RVs) and buses without drivers. Vehicle retailing activity is excluded from this industry. Companies that rent or lease industrial trucks and equipment, such as forklifts, are covered in the Industrial Equipment Rental and Leasing industry (IBISWorld report 53249CA).

Industry Products
Truck leases and rentalsTractor leases and rentalsTrailer leases and rentalsOther leases and rentals
Industry Activities
Renting trucks, truck tractors, buses, RVs, utility trailers and semitrailersLeasing trucks, truck tractors, buses, RVs, utility trailers and semitrailers

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